
Cheap Apartments for Rent in Monticello, KY from $600 (55 Rentals)
Search the lowest-cost Apartments available for rent right now in Monticello.


Mason Greene

Eagle Creek Apartments

Arlington Greene

Betty Jane Apartments

370 Ester Spur Rd

Charles Seivers Towers

Cypress Creek

Eagle Village

Saxony Apartment Homes
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

WILLOW PARK APARTMENTS

Fry Estates Apartments

Willow Run Apartments

Woodbury Crossing

1994 Bouton Bend

ELEVEN50

Bear Creek Apartments

1839 Stargazer Dr

Total Monthly Price
Daugherty Lofts

Arrowhead Ranch
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Green River Lake Commons

1216 Virginia Ave

120 Aker Holt Rd

136 S 10th St

702 W Columbia St

Governors Place

Oakhill Apartments

University Towers

Alluvian Terrace

312 W 5th St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

108 Scott Dr

33 Driftwood Cir

119 Lookout St

117 Lookout St

Century Lofts

22 E 18th St

50 Driftwood Cir

71 Driftwood Cir

230 Denton Ave

Fairway Lane Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Magnolia Terrace

508 E Broad St

7758 Celina Rd

800 E Engineer St

100 Majak Dr

70 E 18th St

1816 Stargazer Dr

2070 US-25W

334 Sycamore Loop

249 Devils Neck Rd
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Monticello, KY Local Guide

How much does it cost to rent an apartment in Monticello?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monticello Studio Apartments | $925 | $925 | $925 |
| Monticello 1 Bedroom Apartments | $1,212 | $600 | $1,595 |
| Monticello 2 Bedroom Apartments | $1,281 | $758 | $1,835 |
| Monticello 3 Bedroom Apartments | $1,793 | $869 | $3,005 |
| Monticello 4 Bedroom Apartments | $2,800 | $946 | $3,073 |
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Monticello, KY Local Guide
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Cheapest Available Monticello Apartments for Rent and Nearby
 The cheapest available apartment rental in Monticello, KY is a 1 Bed unit found at Betty Jane Apartments priced from $700. Mason Greene has the second lowest priced unit, which is a 2 Beds apartment currently listed from $722. Here is today’s list of the most affordable Monticello apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Betty Jane Apartments | 1 Bed, 1 bath | 1BR,1BA | $700 |
| Mason Greene | 2x1 | 2BR,1BA | $722 |
| Cypress Creek | 1 Bedroom 1 Bathroom | 1BR,1BA | $773 |
| Eagle Village | Studio | Studio,1BA | $800 |
| Fry Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $899 |
| Saxony Apartment Homes | 1BR/1BA w/d | 1BR,1BA | $921 |
| 230 Denton Ave | 2 Bedroom | 2BR,1BA | $925 |
| Woodbury Crossing | A2 | 2BR,1BA | $979 |
| 1994 Bouton Bend | Eagles Bend 2/1 | 2BR,1BA | $995 |
| Bear Creek Apartments | 2 Bedroom | 2BR,2BA | $1,036 |
Best Value Apartments for Rent in Monticello, KY and Nearby
As of September 08, 2026 the best value apartment in the Monticello area is the $1.01 price per square foot 3 Bedroom Model at 22 E 18th St in the starting from $1,300. The second greatest value Monticello apartment is the Creekmore Model at Copper Springs by Meadows Properties starting at $1,375 with a $1.08 price per square foot . Here is today’s list of the best values for Monticello apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 22 E 18th St | 3 Bedroom | 3BR,2BA | $1.01 |
| Copper Springs by Meadows Properties | Creekmore | 2BR,2.5BA | $1.08 |
| Green River Lake Commons | The Dream | 3BR,2BA | $0.94 |
| 70 E 18th St | 2 Bedroom | 2BR,1.5BA | $1.04 |
| 1840 Summerhaven Ave | 2 Bedroom | 2BR,1.5BA | $1.04 |
| 1816 Stargazer Dr | 2 Bedroom | 2BR,1.5BA | $1.04 |
| 1839 Stargazer Dr | 2 Bedroom | 2BR,1.5BA | $1.04 |
| Fry Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $0.94 |
| Mason Greene | 3x1.5 | 3BR,1.5BA | $1.14 |
| Cypress Creek | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.09 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Monticello, KY Rentals by Map
See the most popular apartments and homes in Monticello, KY
Frequently Asked Questions about Cheap Monticello Apartments
How much is rent for a Cheap One Bedroom Monticello Apartment?
The lowest price for a Cheap One Bedroom Monticello Apartment is $700 at Betty Jane Apartments.
What is the lowest price for a Cheap Two Bedroom Monticello Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Monticello is starting from $722 at Mason Greene.
What is the most affordable Monticello Three Bedroom Apartment?
The best deal on a cheap Monticello Three Bedroom Apartment rental is at Mason Greene and starts from $911.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.